HighRadius take the win at EuroFinance Geneva 2018
At the world’s leading international treasury event, 13 technology firms pitched their solutions in a bid to win our Technology Innovation Award.
The criteria? Does the solution address a major challenge for corporate treasury or is it a modest improvement? What is the value proposition to the corporate treasurer and is the solution seeing market acceptance?
- Financial stability and viability of the solution provider
- Technical stability of the product
- Levels of technical and customer support
- Complexity of fully implementing the solution
- The regulatory environment and if the solution would face any constraints
In the face of fierce competition, HighRadius secured the win with their AI solution to automating cash allocation.
How did HighRadius do it?
Automating cash allocation using artificial intelligence is changing the way receivables departments are improving cash allocation processes through automation, using human-like intelligence with robot-like speed. Time is money, and companies are saving both by automating data capture for email and portal remittances to replace manual tasks. By implementing a solution that is ERP and bank agnostic, treasury groups increase visibility into receivables processing on a single, centralized platform. Learn how three out of the five top banks and 20% of Fortune 500 companies are using Artificial Intelligence to improve working capital and allocate cash with 90%+ straight-through processing.